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Canada Portal
Briefing
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Extract from the Briefing covering the period 07/03/2005-24/04/2005
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Economic Indicators Point to Effects of Strong Currency
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The Quebec-based separatist Bloc Quebecois and the Conservatives appear determined to topple Martin (with the Liberals plummeting in the polls on a worsening cash-for-favours scandal) and force a June...
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Extract from the Briefing covering the period 19/01/2005-06/03/2005
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High Domestic Demand Offsets Fall in Exports
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On February 24th the minority Liberal government announced that it would not participate in the US missile defense system, which is designed to shoot down ballistic missiles from adversaries such as N...
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Extract from the Briefing covering the period 25/11/2004-18/01/2005
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IMF Cuts 2005 Economic Growth Forecast
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In November 2004 the currency reached a 12-year high of US85.32¢ and has since declined after the bank held rates steady and figures showed a fall in the trade surplus and manufacturing shipments....
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Extract from the Briefing covering the period 13/10/2004-24/11/2004
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Exports to Hurt if C$ Holds at 12-Year High
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In September retail sales hit a record level of C$29.1bn (US$24.7bn), strengthening expectations that the central bank will increase interest rates again in December to keep economic growth under cont...
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Extract from the Briefing covering the period 28/08/2004-12/10/2004
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Unemployment Falls to Lowest Rate in Three Years
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Prime Minister Paul Martin and Industry Minister David Emerson said that the government plans to provide its struggling aerospace industry with the funds required to compete globally because it consid...
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Extract from the Briefing covering the period 09/07/2004-27/08/2004
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Trade Surplus Hits Record High in June
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The World Trade Organisation (WTO) upheld key rulings on August 11th that the US had improperly calculated anti-dumping duties on Canadian softwood lumber imports, which could force Washington to reca...
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Extract from the Briefing covering the period 13/05/2004-08/07/2004
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PM Set to Form First Minority Government
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According to a report from the Organisation for Economic Cooperation and Development (OECD), investment by foreigners in new or existing companies in Canada plunged by two-thirds in 2003 to only US$6....
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Extract from the Briefing covering the period 05/04/2004-12/05/2004
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Interest Rates Cut as Data Indicates Economic Weakness
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Following recent data indicating continued economic weakness, in mid-April the central bank cuts its key interest rate by 0.25% to 2.00%. The cut, which is the third this year, leaves Canadian interes...
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